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NSE share market NEWS tomorrow (31 January, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (31 January, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 31 January 2024

Pb Fintech was amongst the top gainers, currently trading at 1002.40 in NSE with 11.208 times change in volumes and 10.245% change in price. Other gainers included Voltas with 7.459% price change and 4.906 times volumes, Kpit Technologies with 6.42% price change and 0.809 times volumes, Bse with 6.207% price change and 1.45 times volumes, and Angel One with 6.193% price change and 0.844 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Kalyan Jewellers was amongst the top losers, currently trading at 350.20 in NSE with 2.999 times change in volumes and -4.682% change in price. Other losers included Larsen Toubro with -4.226% price change and 6.624 times volumes, Indus Towers with -3.479% price change and 0.962 times volumes, Cyient with -2.855% price change and 2.282 times volumes, and Mankind Pharma with -2.556% price change and 2.117 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

Working on portfolio of CNG bikes, first launch in FY25: Bajaj Auto. Bajaj Auto is developing a portfolio of CNG motorcycles, and the first such bike will hit the market next fiscal under a new brand, Bajaj Auto Executive Director Rakesh Sharma said on Wednesday. The company wants the government to consider lowering GST on

Dabur Q3 results: Net profit rises 8% to Rs 514 cr on rural biz growth. Company's rural business growth outpaced urban in Q3

Glenmark, Pfizer launch Abrocitinib in India for Atopic Dermatitis. The prevalence of atopic dermatitis in India has risen over the past three decades, with approximately 5.9 per cent of adults affected, of which 4.4 per cent suffer from a severe form of the disease

Tata Capital Housing Finance to raise Rs 8k cr; board to discuss on Feb 5. As per banking source, of the Rs 8,000 crore, the company will raise debentures qualifying as subordinated debt, or Tier II capital, of up to Rs. 500 crore

North East LPG cylinder transporters of IOC go on indefinite strike. LPG cylinder transporters of Indian Oil Corporation on Wednesday went on an indefinite strike for the second time in less than two months, alleging pending dues and low rates in recently floated tenders. An IOC official, however, termed the strike as illeg

GCPL Q3 results: Net profit rises by 6.3% to Rs 581 cr, revenue up 1.54%. FMCG major Godrej Consumer Products Ltd on Wednesday reported a 6.35 per cent increase in consolidated net profit to Rs 581.06 crore in the December quarter, aided by volume growth in the domestic market. It had posted a net profit of Rs 546.34 crore in th

IRB Infra Q3 results: Net profit rises by 32.49% to Rs 187.42 crore. IRB Infrastructure Developers Ltd on Wednesday reported a 32.49 per cent rise in its consolidated net profit to Rs 187.42 crore for the quarter ended December 2023. The company had clocked a net profit of Rs 141.35 crore during the year-ago quarter, IRB In

Burmans raise stake to 25% in Religare to acquire financial services firm. On September 25th, last year, the Burman family had announced an open offer for REL at Rs 235 per share

Fino Payments Bank Q3 results: Net profit rises by 19% to Rs 22.8 cr. Fino Payments Bank on Wednesday reported a 19 per cent rise in net profit to Rs 22.8 crore in the December quarter. The Navi Mumbai-headquartered entity had reported a net profit of Rs 19.1 crore in the year-ago period. Its overall revenues grew 18 per ce

Marriott International adds 12 properties with 1,431 rooms in India in 2023. Global hospitality group Marriott International on Wednesday said they added 12 properties in India in 2023 and over 60 in the Asia Pacific region, excluding China. This addition has brought the company's presence to more than 560 operating hotels and resi

BoB Q3 results: PAT up 19% at Rs 4,579 cr; to raise upto Rs 2,500 cr in Q4. Its Capital Adequacy Ratio stood at 14.72 per cent with Common Tier I Capital of 11.11 per cent at the end of December 2023

Flag coercive call from management to extend duty: Unions ask A-I pilots. Tata Group-owned Air India's two pilot unions on Wednesday asked their members to flag any "coercive call" from the management for extending flight duty timings beyond the stipulated limits. In a joint communication to their members, Indian Commercial Pilo

We are inching towards recovery, pre-pandemic numbers: PVR Inox MD. December has been our best month ever. We didn't expect Animal to do so well, but it did. Dunki did well in its genre, along with Salaar, Sam Bahadur, and 12th Fail

Tata Power-DDL, ASCI partner for skill training in power, renewable energy. Tata Power Delhi Distribution Ltd (Tata Power-DDL) is a 51:49 per cent joint venture between Tata Power and the Government of NCT of Delhi. The power discom supplies electricity to 7 mn households

Jindal Steel and Power Q3 results: PAT jumps four-fold to Rs 1,928 cr. The company, which has steel, mining and infrastructure businesses, said its consolidated net profit after tax increased to Rs 1928 crore (2 million) in the three months to Dec. 31, from Rs 518 cr

As AI shifts tech globally, it's India's time to shine: Microsoft's Chandok. India will be one of the biggest contributors and beneficiaries, according to Puneet Chandok, president of India and South Asia at Microsoft

Go First's lenders to seek extension of insolvency process by 60 days. Under the country's Insolvency and Bankruptcy Code, the National Company Law Tribunal (NCLT) has the authority to extend the resolution timeframe to a maximum of 330 days

Mankind Pharma Q3 results: PAT up 55% on strong domestic performance. Mankind's revenue from operations rose to Rs 2,607 crore in Q3 FY24, a 25 per cent Y-o-Y rise in revenue from operations from Rs 2,128 crore in Q2 FY23

MRPL earns certification from IAQG for distribution of aviation fuel. The Mangalore Refinery and Petrochemicals Limited (MRPL) has been certified with AS9100:D standard prepared by International Aerospace Quality Group (IAQG) to assure customer satisfaction in aviation, space, and defence organisations under the scope of 'pr

Wistron Corp to set up laptop making unit in Karnataka for Rs 1,500 cr. The proposed plant is expected to create around 3,000 jobs and also produce electric vehicle-related parts, a statement from the government said

Deepak Chem inks pact to invest Rs 9,000 cr in Gujarat in chemical sector. Deepak Chem Tech, a wholly-owned subsidiary of Deepak Nitrite, on Wednesday said it has inked an agreement with the Gujarat government to invest around Rs 9,000 crore to establish projects at Dahej. Under the memorandum of understanding, the company will i

Novavax announces fresh round of layoffs, plans to reduce 12% of workforce. Novavax said the decision is part of its intention to bring down expenses below 0 million this year, which it had disclosed during its third-quarter earnings call in November

RBI action against Paytm will hit ordinary Indians most: Cong slams govt. Hitting out at the government after the RBI action against Paytm Payments Bank, the Congress on Thursday said the order will hit ordinary Indians the most and asked why the firm with Chinese links had not been kept under stricter monitoring. In a major act

'Tata Steel to consider investment in UK plant, if govt funding available'. Tata Steel would consider additional future investments in its Port Talbot plant in the UK, if more government funding was made available, the company's Chief executive T V Narendran said on Wednesday. The UK government has already agreed to a 500 million

HeidelbergCement India Q3 results: Net profit rises to Rs 31.47 crore. HeidelbergCement India Ltd on Wednesday reported an increase in net profit to Rs 31.47 crore for the December quarter, aided by reduction in operating costs. The company had reported a net profit of Rs 5.58 crore in the year-ago period, HeidelbergCement In

NTPC to bid for stressed KSK Mahanadi thermal power project in Chhattisgarh. Sources said NTPC will be bidding for KSK as the union power ministry is pursuing government companies to pick stressed assets for both private and state-owned companies

Punjab & Sind Bank Q3 results: Net profit drops 69% to Rs 114 crore. State-owned Punjab & Sind Bank on Wednesday reported a 69 per cent decline in its net profit to Rs 114 crore for the third quarter ended December 2023. The Delhi-headquartered bank had earned a net profit of Rs 373 crore in the same quarter a year ago. Its

Pharmeasy FY23 losses widen 31%, revenue increases 16% to Rs 6,644 cr. Online pharmacy dropped plan for an IPO in 2022, says it is cutting down expenses

Maruti Suzuki Q3FY24 result: Net profit rises 33% to Rs 3,206.8 crore. Maruti Suzuki Q3FY24 result: Its revenue from operations was up 14.56 per cent at Rs 33,512.8 crore

P&G Hygiene Q2 result: Profit jumps as lower costs offset dip in sales. BENGALURU (Reuters) - Indian consumer goods maker Procter & Gamble Hygiene and Health Care reported higher second-quarter net profit on Wednesday, as lower costs countered a small drop in sales.

North East LPG cylinder carriers of Indian Oil Corp go on indefinite strike. LPG cylinder transporters of Indian Oil Corporation on Wednesday went on an indefinite strike for the second time in less than two months, alleging pending dues and low rates in recently floated tenders. An IOC official, however, termed the strike as illeg

Adani Group's Ambuja Cements profit misses estimates on lower volumes. Ambuja's consolidated volumes increased 2.9% to 14.1 million metric tons in the October-December period, lower than the 5.5% growth estimated by Jefferies

Mercedes-Benz sets eyes on smaller cities to fuel further growth. German carmaker Mercedes-Benz is looking to expand its presence in the smaller cities in India where demand for luxury models is expected to grow robustly over the next few years. The automaker, which on Wednesday introduced new GLA and AMG GLE 53 models,

Max Healthcare Institute Q3 results: PAT rises 26% to Rs 338 crore. Max Healthcare Institute Ltd on Wednesday reported a 26 per cent growth in its profit after tax at Rs 338 crore in the December quarter. The company had posted a Profit After Tax (PAT) of Rs 269 crore in the third quarter of FY23, Max Healthcare Institute

IMFA Q3 results: Profit climbs to Rs 109 cr, total income at Rs 695.02 cr. Indian Metals & Ferro Alloys Ltd (IMFA) has posted manifold jump in its consolidated net profit to Rs 108.95 crore in the December quarter, pushed by higher income. It had clocked a profit of Rs 11.04 crore in the October-December period of 2022-23 financi

H&M names Daniel Erver as new CEO amid struggles to boost sales. H&M's fourth-quarter operating profit margin fell to 7.2 per cent from 7.8 per cent in the third quarter

Sun Pharma Q3 results: Net profit increases 15% at Rs 2,524 crore. Sales in its US formulations business rose nearly 15 per cent to Rs 3,974 crore, while sales from its India formulations rose more than 11 per cent to Rs 3,779 crore

Tata Power-led discoms receive higher consumer service ratings for FY23. Tata Power on Wednesday said six discoms wherein it is a stakeholder have received higher consumer service ratings for FY23 among utilities nationwide. Union Minister for Power and New and Renewable Energy R K Singh launched Consumer Service Ratings of DIS

Hindustan Coca-Cola Beverages achieves carbon neutrality at K'taka plant. Hindustan Coca-Cola Beverage Pvt Ltd, one of India' leading FMCG companies, on Wednesday announced that its bottling plant in the Bidadi Industrial Area in Ramanagara has been certified as carbon neutral. This is the first bottling plant of Coca-Cola in In

BoB Q3 results: Profit up 19% at Rs 4,579 cr, total income at Rs 31,416 cr. State-owned Bank of Baroda (BoB) on Wednesday posted a 19 per cent increase in profit at Rs 4,579 crore for third quarter ended December 2023. The bank had earned a net profit of Rs 3,853 crore in the same quarter a year ago. Total income increased to Rs 3

Dabur Q3 results: Profit rises 6.2% to Rs 506 crore, revenue up 7%. Homegrown FMCG major Dabur India Ltd on Wednesday reported an increase of 6.24 per cent in consolidated net profit at Rs 506.44 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 476.65 crore in the October-December

NTPC Green Energy gets Dipam nod to get listed for raising Rs 10,000 crore. State-owned power giant NTPC has received approval from the Department of Investment and Public Asset Management to list its green energy arm NTPC Green Energy Ltd (NGEL) to raise up to Rs 10,000 crore, according to a source. NGEL is expected to go public

Adani Wilmar Q3 results: Profit falls 18.4% to Rs 201 cr on weak demand. Subdued demand from institutional clients in the edible oil segment and its lower pricing hurt third-quarter earnings, the Adani group-owned company had said in a quarterly update earlier in January

Jubilant Foodworks Q3 results: Profit falls to Rs 65 crore on muted demand. Jubilant's consolidated net profit fell to 657.1 million rupees (.9 million) from 803.6 million rupees a year earlier, missing analysts' average expectation of 902.6 million rupees, per LSEG data

Suzlon Q3 results: Net profit jumps to Rs 203 cr, income at Rs 1,569 cr. Renewable energy solutions provider Suzlon Energy on Wednesday posted a nearly 160 per cent jump in its consolidated net profit to Rs 203.04 crore in the December quarter, on the back of higher revenues. Its consolidated net profit was Rs 78.28 crore in th

Kalyan Jewellers Q3 results: Consolidated PAT rises 21.5% to Rs 180.37 cr. Kalyan Jewellers reported a 21.51 per cent growth in consolidated Profit After Tax (PAT) at Rs 180.37 crore for the December quarter. The company's PAT stood at Rs 148.43 crore during the year-ago period, the company said in a regulatory filing. Revenue fr

Kajaria Ceramics Q3 results: Profit up by 40.2% at Rs 104 cr on demand rise. Separately, Kajaria approved investments of up to Rs 50 crore and Rs 30 crore in Keronite Tiles and Kajaria Ultima to make them a subsidiary and wholly-owned subsidiary, respectively

TEIL Q3 results: Profit falls 7% to Rs 137 cr; will foray into IMFL biz. Triveni Engineering & Industries Ltd, mainly engaged in the sugar business, has posted a 7 per cent decline in its consolidated net profit to Rs 137.40 crore for the December 2023 quarter and announced its foray into Indian Made Foreign Liquor (IMFL) manuf

NIIT Learning Systems Q3 results: Net profit rises 23% to Rs 57 crore. NIIT Learning Systems on Wednesday posted a 23.27 per cent rise in its consolidated profit after tax at Rs 56.7 crore in the third quarter ended December 2023. The company had posted a PAT (profit after tax) of Rs 46 crore in the same period a year ago, NI

PVR Inox Q3 results: Net profit at Rs 12.8 crore; revenue at Rs 15,459 cr. Cinema exhibitor PVR INOX on Wednesday reported a consolidated net profit of Rs 12.8 crore in the third quarter of the current fiscal. The company, earlier known as PVR Ltd, posted a net profit of Rs 165 crore in the October-December period a year ago, acc

'Sony, Zee clash over Russia assets, cricket before India merger collapse'. The communications between Sony's legal and M&A executives in India and Los Angeles with top Zee executives provide undisclosed details on the high-stakes backroom tussle

Sun Pharma Q3 results: Net profit up 16.5% at Rs 2,524 cr on US, India biz. Bloomberg analysts' estimates had pegged the revenue at Rs 12,336 crore and PAT at Rs 2,470 crore

Maruti Suzuki Q3 results: PAT up 33% at Rs 3,207 cr amid high SUV sales. The company sold 501,207 units in the third quarter of this year, which was 7.6 per cent more than in the corresponding period of the last financial year

RBI restricts Paytm Payments Bank from fresh deposits, credit transactions. An audit report revealed "persistent non-compliances and continued material supervisory concerns in the bank, warranting further supervisory action," the central bank said in a release

Dabur to invest Rs 135 cr for new manufacturing facility in south India. This project will mark the company's first investment in the region. The maker of Real fruit juices and Hajmola candy currently has a network of 13 domestic manufacturing locations

Motherson Sumi Wiring India Q3 results: PAT grows 58% to Rs 167.86 cr. Auto components maker Motherson Sumi Wiring India Ltd on Wednesday reported a 58.12 per cent jump in profit after tax at Rs 167.86 crore in the third quarter ended December 31, 2023, riding on robust sales. The company had posted a profit after tax of Rs 1

Dixon Technologies Q3 results: Profit rises 86% on electronics boom. Dixon's consolidated profit climbed to 964.4 million rupees (.62 million) for the three months ended Dec. 31 from 519.1 million rupees a year earlier, according to an exchange filing

Petronet Q3 results: Record profit at Rs 1,190 crore on higher capacity. Petronet LNG Ltd, India's biggest Liquefied Natural Gas (LNG) importer, posted a record third quarter net profit of Rs 1,190.30 crore as fall in gas prices increased capacity utilisation at its main Dahej import facility in Gujarat. The company had posted

SpiceJet deposits Rs 100 cr TDS for FY23, employees to get Form-16s soon. The airline has used various avenues to raise cash. In the financial year 2022-23, the airline raised Rs 449.8 crore under the central government's Emergency Credit Line Guarantee Scheme

TikTok CEO pledges bn during testimony to protect 170 mn US Users. It's Chew's second time testifying before Congress. Last year, he was called to a hearing in the House focused on the potential national security threats stemming from its Chinese ownership

Ambuja Cements Q3 results: Consolidated net profit up 89.5% at Rs 823 cr. Reported profit after tax for the company was at Rs 1,090 crore, up 123 per cent from a year ago

Shree Cement Q3 resuls: Net profit rises two-fold to Rs 701.85 crore. Bangur family-promoted Shree Cement Ltd on Wednesday reported an over two-fold jump in its consolidated net profit to Rs 701.85 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 281.83 crore in the October-December

Adani Total Gas Q3FY24 results: Net profit rises 18% to Rs 176.64 crore. Gas sale volume for Q3 FY24, the company said, was up 21 per cent Y-o-Y to 224 million metric standard cubic meters (MMSCM), while the cost of natural gas dipped 4 per cent Y-o-Y

PB Fintech Q3 results: PAT at Rs 38.05 cr, revenue from ops rises 43%. Revenue from operations rose nearly 43 per cent to Rs 871 crore rupees as proceeds from its insurance broker services more-than-doubled

Before 5G launch, we will have clarity on how to monetise it: Voda Idea CEO. Launching 5G in October 2022, Vi's two main competitors-Reliance Jio and Bharti Airtel-have already launched 5G services in 7,764 and more than 5,000 cities, respectively

L&T Q3 results: Net profit rises 15% to Rs 2,947 crore, misses estimates. The company's consolidated net profit rose 15% to Rs 2,947 crore (5 million) for the quarter ended Dec. 31, but fell short of analysts' estimate of Rs 3,304 crore, as per LSEG data

Shriram General Insurance Q3 results: Net profit jumps 51% to Rs 117 cr. Shriram General Insurance reported a 51 per cent growth in net profit to Rs 117 crore for the December quarter on higher premium income, market gains, and better claims management. The company said its premium income grew 41 per cent during the quarter, le

Red Sea crisis: Exports, higher freight impacts wire maker R R Kabel. Attacks by Yemen's Houthi militia on merchant ships in the Red Sea and retaliatory U.S. strikes have ratcheted up tensions in the Middle East as the Gaza war rages on

Skoda Auto Volkswagen India appoints Jan Bures as head sales, marketing. Skoda Auto Volkswagen India Pvt Ltd on Tuesday said it has appointed Jan Bures as the new board member and Executive Director of Sales, Marketing and Digital. Effective February 1, Bures will succeed Christian Cahn von Seelen, whose tenure in in India will

Blackstone's Aadhar Housing Finance targets 0 million India IPO: Report. Aadhar plans to file its IPO papers with India's market regulator within the next two weeks, both sources said

Profit booking in RIL weighs on indices; Sensex ends 802 points lower. Shares of RIL, the country's most valuable firm, fell 2.8 per cent and made a 246-point contribution to the Sensex decline

KPIT Technologies Q3 results: Profit after tax up 50.6% at Rs 156 crore. KPIT's results are opposite to what some of the larger peers have reported. The firms strategy to focus on the auto segment is paying off

Kore.ai, startup building conversational AI, secures 0 mn in funding. The investment was led by FTV Capital and had participation from chip giant Nvidia

SpiceJet to launch eight flights to Ayodhya on Feb 1, Scindia to inaugurate. SpiceJet will launch eight new flights to Ayodhya from different places on February 1, according to an official. Civil Aviation Minister Jyotiraditya Scindia will inaugurate the flights. The flights will connect Ayodhya with Delhi, Chennai, Ahmedabad, Jaip

Star Health Insurance Q3 results: Net profit rises 37.5% to Rs 289.55 cr. The net commission of the health insurer dropped 13.11 per cent (Y-o-Y) to Rs 349.85 crore from Rs 402.64 crore

NTPC, Numaligarh Refinery ink pact to explore green chemical projects. NTPC Ltd on Tuesday said it has signed a non-binding agreement with Numaligarh Refinery Limited (NRL) to explore partnership opportunities for green chemical projects. While NTPC Ltd is an entity under the Ministry of Power, Numaligarh Refinery Limited (NR

NDTV Q3 results: Net loss at Rs 10.16 cr, revenue falls 7% to Rs 97.95 cr. News Broadcaster New Delhi Television Ltd on Tuesday reported a consolidated net loss of Rs 10.16 crore for the third quarter ended December 2023. The company had posted a consolidated net profit of Rs 15.18 crore in the October-December quarter last fisca

Voltas Q3 results: Profit falls 58% to Rs 23.85 crore as expenses rise. The Tata Group-owned company's consolidated profit before exceptional items and tax fell 58% from last year to Rs 23.85 crore (.87 million) in the three months to Dec 31

Zee Entertainment, Sony Pictures square off in SIAC, starting today. NCLT grants 3 weeks to Sony to file reply

JSW Paints sees business revenue at Rs 2,200 crore by end of FY24. The company has already broken even at an operating level during the year, and its earnings before interest, tax, depreciation, and amortisation (EBIDTA) margins are expected to be in single digits

Dr Reddy's Lab Q3 results: Net profit rises 11% on strong US, EU sales. For the Indian business in Q3 FY24, the revenue stood at Rs 1,180 crore Y-o-Y with a growth of 5 per cent and a sequential decline of 1 per cent

Pfizer posts surprise 4th quarter profit, but key products miss on sales. The New York-based drugmaker earned 10 cents per share on an adjusted basis for the fourth quarter. Analysts on average had expected a loss of 22 cents per share, according to LSEG data

KEC International Q3 results: Profit up at Rs 97 cr, income at Rs 5,032 cr. Engineering, procurement and construction company KEC International on Tuesday posted multi-fold jump in its consolidated net profit at Rs 96.87 crore in the quarter ended December 2023, aided by higher income. It had clocked a net profit of Rs 17.60 crore

Mahindra Finance Q3 results: Net profit down 12% due to higher credit costs. The net profit of the company stood at Rs 629 crore in Q3 FY23. However, sequentially, the profit increased by 135 per cent from Rs 235 crore in Q2 FY24

SIS Ltd Q3 results: Profit after tax increases by 16.5% to Rs 79 crore. SIS Ltd on Tuesday reported a 16.5 per cent increase in its profit after tax to Rs 79 crore for the third quarter ended December 2023. The company -- operating in facility management, security and cash logistics -- had posted adjusted profit after tax (PAT

Uber launches operations in Jammu & Kashmir; starting with Srinagar. Residents of Srinagar and visiting tourists can now book Uber Go and Uber Intercity rides for their mobility needs

Coromandel International Q3 results: Net profit down 57% at Rs 228 cr. The Nutrient Based Subsidy (NBS) rates for the Rabi season underwent a steep downward revision which, coupled with the rising raw material prices, further impacted the industry's performance

Piramal Pharma Q3FY24 results: Company posts profit at Rs 19.3 crore. On a sequential basis, the company exhibited a 2.47 percent increase in revenue whereas the PAT declined by 51.07 percent

L&T Q3 results: Net profit up 15.4% at Rs 2,947 cr on robust order inflows. Company expects to end FY24 at 20% growth in orders

KPIT Technologies Q3 results: Net profit jumps 50% to Rs 157 crore. KPIT Technologies on Tuesday reported a 50 per cent rise in net profit at Rs 156.75 crore in the December quarter of this fiscal, helped by a surge in topline and widening of profit margins. The Pune-headquartered company, focused on the automotive sector,

Bajaj Finserv net profit rises 21%; arm acquires Vidal Healthcare. Its consolidated total income rose by 33 per cent to Rs 29,038 crore in the quarter, from Rs 21,755 crore in the year-ago period.

Vodafone Idea hints 5G roll-out in 6-7 months after getting funds. Debt-ridden telecom firm Vodafone Idea on Tuesday said it will need 6-7 months to roll out 5G services after securing funding, for which discussions with investors are underway. Vodafone Idea CEO Akshaya Moondra during the company's earnings call said that

Jaiprakash Associates Q3 results: Net loss widens to Rs 476 crore. Jaiprakash Associates on Tuesday reported a consolidated net loss of Rs 476.12 crore in the third quarter of this fiscal year. Its net loss stood at Rs 314.51 crore in the year-ago period. Total income declined to Rs 1,558.58 crore during the October-Decem

L&T's construction arm bags order to set up solar power plant in Dubai. Larsen and Toubro (L&T) on Tuesday said it has bagged a project to set up a solar power plant in Dubai. The order has been bagged by the renewable engineering, procurement, and construction (EPC) arm of L&T's power transmission and distribution business. T

Ranjan Pai may invest additional -60 million in Byju's-owned Aakash. Pai may intend to make additional investments in Aakash to spur business growth and scale the business during the upcoming enrolment season

Boeing withdraws request for safety exemption amid quality control issue. Facing severe criticism after a door plug blew out on a 737 Max over Oregon this month, Boeing said on Monday that it is withdrawing a request for a safety exemption needed to certify a new model of the plane. The company asked federal regulators late last

Suzlon bags 642 MW project from ACPL to set wind turbines in Andhra. Renewables solutions provider Suzlon Group on Tuesday said it has bagged a 642-MW wind power project from an Evren company, ABC Cleantech Private Limited (ACPL). Evren is a joint venture in India between Brookfield and Axis Energy. As part of the order, Su

Porsche India posts record best retail sales at 914 units in 2023. Luxury sports car maker Porsche India on Tuesday reported its best retail sales with 914 units in 2023, a growth of 17 per cent over the previous year. The company also fulfilled its commitment of an electric future by recording the highest number of 113

NTPC arm, Maharashtra govt ink pact to develop green hydrogen projects. NTPC Green Energy Ltd (NGEL) on Tuesday said it has signed an MoU with the Maharashtra government to develop green hydrogen projects and its derivatives in Maharashtra. The memorandum of understanding (MoU) has been signed as a part of Green Investment Pla

Zee-Sony merger: NCLT issues notice to Sony to file reply in three weeks. The National Company Law Tribunal (NCLT) on Tuesday accepted a petition by a Zee Entertainment shareholder seeking the merger of its Indian entity with Sony, which was called off last week despite regulatory approvals. The Mumbai-bench of NCLT issued a not

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